Woodstock Area Council On Aging
- Assets
- $3.1m
- Revenue
- $955.2k
- Investments
- $0.0
- Employees
- 26
- Location
- Woodstock, VT
- Founding
- 05/1985
- Data as of
- 09/2023
- EIN
- 03-0295419
Organization Overview
Woodstock Area Council On Aging is located in Woodstock, VT. The organization was established in 1985. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. As of 09/2023, Woodstock Area Council On Aging employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Woodstock Area Council On Aging is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Woodstock Area Council On Aging generated $955.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $760.1k during the year ending 09/2023. While expenses have increased by 4.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE WOODSTOCK AREA COUNCIL ON AGING OPERATES THE THOMPSON SENIOR CENTER WHICH IS A MULTIGENERATIONAL GATHERING PLACE FOR ITS COMMUNITY. PROGRAMS AND ACTIVITES PROMOTE THE PHYSICAL, INTELLECTUAL AND SOCIAL WELL-BEING OF THE ADULT COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SENIOR CITIZENS AND THEIR GUESTS WITH CONGREGATE MEALS, PROVIDE MEALS TO HOMEBOUND SENIOR CITIZENS WITH MEALS ON WHEELS PROGRAM. FOR THE FISCAL YEAR ENDED 9/30/23 THE COUNCIL SERVED A TOTAL OF 22,115 MEALS, INCLUDING 12,461 HOME DELIVERED MEALS.
HEALTHY AGING & WELLNESS PROGRAMS AND SUPPORT, COMPUTER AND EXERCISE PROGRAMS, LANGUAGE PROGRAMS AND OTHER SOCIAL EVENTS. OVER 1,700 PARTICIPANTS IN EDUCATION, WELLNESS, AND FITNESS PROGRAMS; AND OVER 35,000 INTERACTIONS AND CONTACTS AT SOCIAL EVENTS, ENRICHMENT OPPORTUNITIES AND DINING.
MEDICAL TRANSPORTATION SERVICES, OTHER TRANSPORTATION SERVICES FOR ELDERLY AND COMMUNITY, FOR A TOTAL OF 1,612 RIDES IN FISCAL YEAR 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janet English Director | Trustee | 0.5 | $0 |
David Mcguire Treasurer | OfficerTrustee | 1 | $0 |
Jon Fullerton Director | Trustee | 0.5 | $0 |
Beth Harper Director | Trustee | 1 | $0 |
Carolyn Kimbell Director | Trustee | 0.5 | $0 |
Steve Selbo President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $99,857 |
| Related organizations | $0 |
| Government grants | $64,800 |
| All other contributions, gifts, grants, and similar amounts not included above | $466,716 |
| Noncash contributions included in lines 1a–1f | $21,145 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $631,373 |
| Total Program Service Revenue | $211,863 |
| Investment income | $68,295 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,240 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $40,454 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $955,225 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $88,885 |
| Compensation of current officers, directors, key employees. | $35,554 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $270,749 |
| Pension plan accruals and contributions | $7,073 |
| Other employee benefits | $25,398 |
| Payroll taxes | $29,307 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,051 |
| Office expenses | $14,405 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $83,398 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $968 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $54,106 |
| Insurance | $9,187 |
| All other expenses | $10,831 |
| Total functional expenses | $760,066 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,741 |
| Savings and temporary cash investments | $111,012 |
| Pledges and grants receivable | $19,500 |
| Accounts receivable, net | $43,093 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $9,739 |
| Prepaid expenses and deferred charges | $1,500 |
| Net Land, buildings, and equipment | $410,707 |
| Investments—publicly traded securities | $2,495,208 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,139,500 |
| Accounts payable and accrued expenses | $14,544 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $15,435 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $54,575 |
| Total liabilities | $84,554 |
| Net assets without donor restrictions | $2,808,301 |
| Net assets with donor restrictions | $246,645 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,139,500 |